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June 03, 2024 | The American Lawyer

Deal Watch: Energy, Pharma Continue to Drive Deal Activity as Wachtell, Kirkland Lead $22.5 Billion ConocoPhillips/Marathon Oil Deal

The transaction is the latest in a series of consolidation moves in the energy sector, coming on the heels of two earlier multibillion-dollar mergers this year.
9 minute read
June 03, 2024 | The American Lawyer

It's Not Just the Spread. Big Law Is Making More 'Business-Driven' Pay Choices

"On the compensation side, we're always looking to thread the needle to where our rates are fair to clients and where we can demonstrate that we value our top talent," said Lorie Almon, chair of Seyfarth Shaw.
6 minute read
BitGo Holdings, Inc. v. Galaxy Digital Holdings, Ltd.
Publication Date: 2024-06-03
Practice Area: Mergers and Acquisitions
Industry: Financial Services and Banking | Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Traynor
Attorneys:
For plaintiff: A. Thompson Bayliss, Michael A. Barlow, Eliezer Y. Feinstein, Abrams & Bayliss LLP, Wilmington, DE; R. Brian Timmons, David M. Grable, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; David Cooper, Deborah K. Brown, Nathan Goralnik, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY for appellants.
For defendant: Bradley R. Aronstam, S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Andrew Ditchfield, Brian M. Burnovski, Pascale Bibi, Kyra Macy Kaufman, Davis Polk & Wardwell LLP, New York, NY; Neal Kumar Katyal, Nathaniel A.G. Zelinsky, Hogan Lovells US LLP, Washington, D.C., Dennis H. Tracey, III, Hogan Lovells US LLP, New York, NY for appellees.
Case number: 2022-0808

Court remanded for reconsideration of interpretation of contractual requirement using extrinsic evidence where both parties proffered reasonable interpretations of the provision.

May 31, 2024 | Law.com

Making Partner Isn't What it Used to Be. So What are Young Lawyers in Asia Made Of?

The stuff of hard revenue and profits, such as deal-making and bringing in new business, is still important. But now aspiring partners have to show they can offer a lot more.
6 minute read
May 31, 2024 | The American Lawyer

Making Partner Isn't What it Used to Be. So What are Young Lawyers in Asia Made Of?

The stuff of hard revenue and profits, such as deal-making and bringing in new business, is still important. But now aspiring partners have to show they can offer a lot more.
6 minute read
May 28, 2024 | The American Lawyer

Is There a Maximum Number in This Salary Race?

What we need, writes the Global Lawyer, is a market peak: a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse.
6 minute read
May 28, 2024 | The American Lawyer

'Acceptance' of Return-to-Work Policies Permeates Big Law

"What we found was, the majority of law firms aren't forcing people back to the office full time (and are) not being particularly strident in their enforcement, and lawyers are saying, 'Oh, this strikes a good balance,'" one analyst said.
5 minute read
May 28, 2024 | The American Lawyer

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.
7 minute read
Chin v. New York City Dep't of Corrections
Publication Date: 2024-05-28
Practice Area: Employment Compliance | Employment Litigation
Industry:
Court: U.S. District Court for the Eastern District of New York, U.S. - EDNY
Judge: District Judge Ann M. Donnelly
Attorneys:
For plaintiff:
For defendant:
Case number: 23-CV-5268

DOC, as Agency, Cannot Be Sued; Claims Against Proper Defendant City of New York Stand

May 27, 2024 | Law.com

Is There a Maximum Number in This Salary Race?

What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
6 minute read

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